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Search Results 0 to 34 of about 35 (some duplicates have been removed)
.s., much hinges on how washington handles this debt ceiling next. but not all, fitch said that problem is we never seem to get around to deals with the problem behind that mess. quoting fitch a riley, fundamental credit strengths are eroded by large studily declining structure budget deficit, and high and rising public debt. what fitch is not saying, but almost screaming is, the washington sons of fitches are doing not about it, they screamed it. after the cliff, get ready for the crash. i'm not surprised we could still be cut. i'm surprised that fitch has not already done so, john campbell said that triple a rated countries do not we behave this way. i'm surprised it has not already happened. what do you think? >> i know, i just, you know there isal this talk if we get into a big fight over trying to reduce entitlements and making a long-term solution to this, that fitch or some rating agencies may cut our credit rating at this point. if that is what they are doing, they have it backwards. what they should do is they should look at reducing our credit rating, if we don't -- if we do
.s. will hit the so-called debt ceiling late next month. >> tom: 2012 was one for the weather record books. it was the ninth hottest year on earth, based on records going back to 1880, according to nasa. the trend of rising temperatures always brings up a debate over climate change, but it's been four years since congress tried to tackle the issue. darren gersh reports from washington. >> reporter: it was not just the united staá?:háhat sweltered through last summer. nasaonfirms 2012 was one of the hottest years on record for the entire globe. 2012 was one degree warmer than normal for the 20th century, and, compared to records dating back to 1880, the globe has warmed by 1.4 degrees. nasa scientists also believe the warming trend is accelerating, just as analysts see the political will for climate change hitting new lows. but that doesn't mean the issue has gone away; it's just taking a different form. for example, the house or representatives debated relief from superstorm sandy today. ergy analyst kevibook expects governments will increasingly be forced to spend money to mitigate or a
to entertain serious reform. talking about taking the debt ceiling off the table for the next four years. it's not big enough for tax reform? what need to see? what you need from your colleagues on the democratic side to engage in this kind of conversation? >> first of all, we have to take the debt ceiling off the table for a considerable period of time. secondly, regarding entitlement reform, let's take medicare as an example. there have been few changes in terms of medicare and its future. number one is that the rate of health care growth has been diminished. and the rate of medicare costs increase has also been diminished. at the first consequence and events of the last three years. suddenly we have health care reform, which i think has accelerated costs increase. what i think we need to do in terms of medicare is for both parties and the white house to have a serious discussion about how to get hold of medicare and medicaid costs. we really need to do that. but social security we have to have the same kind of discussion so i urge the chairman of finance, the ranking member in the senate,
part of it? there's talk about let's take the debt ceiling off the table for the next four years if we get a big package. is that big enough with the tax reform? what do you need to see for you and some of your colleagues on the democratic side to say, all right, we're willing to engage in the kinds of conversations that the other side is insisting on with entitlements? >> first of all, we have to take the debt ceiling off the table for a considerable period of time. and secondly, regarding entitlement reform let's take medicare. there have been two changes in terms of medicare and its future. number one is that the rate of health care has been diminished. and the rate of medicare cost increase, that has also been diminished. that's the first consequence or the first event of the last three years. secondly, we have health care reform which i think has accelerated the diminution in health care cost increase. and what i think we need to do in terms of medicare is for both parties in both houses and the white house to sit down and have a serious discussion about how we continue to get aho
sandy victims. up next, scare tactics trying to back republicans into going along with the debt ceiling increase. we will take up the impact in tonight's "chalk talk." and the administration looking to enact sweeping immigration reforms in a mass of new laws. we will talk to our guest coming up next. >> this year 3000 people officemax has exactly the ink... your business needs... at prices that keep you...out of the red. this week get a bonus $15 itunes gift card with any qualifying $75 ink purchase. find thousands of big deals now... at officemax. that your mouth is under attack, from fd particles and bacteria. try fixodent. it helps create a food seal defense for a clean mouth and kills bacteria for fresh breath. ♪ fixodent, and forget it. >> america cannot afford another debate with this congress about whether they should pay the bells they have wracked up. if congressional republicans refuse to pay america's bills on time, social security checks and velveterans benefits checks wile delayed. lou: social security and veteran's benefits? that is the president resorta to spare tactics
obama raising eyebrows say we are not a deadbeat nation, but is he right? and as the debt ceiling comes closer, will the white house use the nuclear option? does he have the legal authority to do so? that's next. this is $100,000. we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. ♪ gerri: is another credit downgrade coming? fitch warning today they will downgrade the u.s. triple-a-rated give the debt ceiling is not raised. with more of possible economic fallout, moody's chief economist. all right. if they do this, what happens to the economy, the stock market? >> well, i would think that financial markets have had enough warning of a possible downgrade of the u.s. aaa credit rating by an agency other than s&p, and thus perhaps it would not have that damaging impact. the downgrade was not especially g. that being said there will be a negative psychologic
of people thought we were looking ahead to the debt ceiling and the republicans had a lot more leverage. that can call it into question. >> that are sounds like the president describes. i use the word lurching to the next crisis ahead. it was the fiscal cliff and then it was republicans will get their day with the debt ceiling. now they will get their day with government shut down. >> you would chat with folks at the white house and president bush indicated this in the press conference he held. there two different things. the debt ceiling will be at risk for the country's well being. after all it was in 1995, 1996 there was a federal government shut down and they butted heads and the economy survived. when we had the debate over the debt ceiling that led to the downgrade. they are two different fights and the republicans might be willing to fight on another one. there won't be as big of a risk short-term to the u.s. economy. >> thank you very much. a great pleasure having you on. former governor mark sanford said he is scared to death and calls himself a wounded warrior. but he said he
that the united states could lose its top credit ceiling if the debt ceiling is not raised. timothy geithner has warned congress they'll reach that limit as early as next month. >>> asian markets plummetled ahead of key economic data. it plummeted more than 2.5% while hong kong's hang sang lost a fraction. >>> stocks ended mixed on wall street over the uncertainty of the nation's debt limit. the dow finished the day up more than 27 points while the nasdaq fell nearly 7 points. >>> shoppers spent more this holiday season than last but not as much as experts predicted. sales rose 3%, falling short of the national retail federation's forecast of 4.1%. many stores heavily marked down merchandise in the final shopping days to lure in shoppers who held back on spending. still, retailers hauled $580 million in november and december. >>> walmart says it will buy u.s.-made goods over the next decade. the retail giant is also pledging to offer a job to any honorably discharged american veteran within a year of active duty. walmart expects to hire a thousand veterans in the next five
action? the latest from washington live next. david: also, maybe the answer to the debt ceiling debate is just to get rid of the debt ceiling itself? new york congressman jerry nadler wants to do exactly that. today he was author of a bill in congress to do that. he will join us for a lively debate on this later in the hour. ♪ . ♪ [ male announcer ] this is karen anjeremiah. they don't know it yet, but they' gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. david: s&p futures close right now. todd horowitz in the pits of the cme. todd? >> you know, it looks like we'll have the same kind of action. we'll close flat on the day on s&p action to continue so we find a funda
to entitlement reform with a gun to your head that is what is happening with the debt ceiling. >> we didn't get to it fore then. melissa: great discussion. next on "money", a stunning number of americans are using their 401(k)s to pay for every day expenses. a top financial planner said you couldn't make a worse decision. he is here to explain. we also asked for some other options if you're in this situation. >>> plus, dand for gas is falling to lows not seen in nearly a decade. many are giving credit to stiff fuel efficiency mandates. i'm not sure i'm buying that. that is coming up though. do you ever have too mh money? ♪ . i had enough of feeling embarrassed about my skin. [ designer ] enough of just covering up my moderate to severe plaque psoriasis. i decided enough is enough. ♪ [ spa lady ] i started enbrel. it's clinically proven to provide clearer skin. [ rv guy ] enbrel may not work for everyone -- and may not clear you complete, but for many, it gets skin clearer fast, within 2 months, and keeps it clearer through 6 months. [ male announcer ] enbrel may lower your ability to fight
. >>> coming up, dick gephardt on the debt ceiling and a lot more. >>> still to come, the next issue is disrupting the world of magazines by putting thousands of your favorite titles right at your fingertips. the company's ceo talks business succe success. right here on "squawk box." ♪ let's go. ♪ ♪ ♪ [ male announcer ] introducing the all-new cadillac xts... another big night on the town, eh? ...and the return of life lived large. ♪ with multiple lacerations to the wing and a fractured beak. surgery was successful, but he will be in a cast until it is fully healed, possibly several months. so, if the duck isn't able to work, how will he pay for his living expenses? aflac. like his rent and car payments? aflac. what about gas and groceries? aflac. cell phone? aflac, but i doubt he'll be using his phone for quite a while cause like i said, he has a fractured beak. [ male announcer ] send the aflac duck a get-well card at getwellduck.com. thor gets great rewards for his small business! your boa! [ garth ] thor's small business earns double miles on every purchase, every day!
at the general than saks, that's bad news. the debt ceiling fiasco, and the negotiation of the budget sequester, we could see actual cuts to entitlement programs in the next few months, at least there will be tons of chatter in the media about it i don't think either the republicans or the democrats have the guts to cut entitlements. what does this have to do with the dollar stores? you cut program that help people who shop at dollar stores, you hurt these stocks. the low-ends retail environment is more competitive. they have to become more promotional, code word for more discounts. in order to hold their own, they vo have to put real pressure on margins. the higher payroll taxes on consumers, it's very hard to make the case that dollar stores can be owned here. it's true companies have big long-term growth stories, and they have to expand store base around the country. that's not a reason to buy them as long as existing stores have so much trouble. at this point, dollar stores may be too cheap to go much lower, dollar tree sells 14 times earnings, and when their historical multipliers are high
: not pretty though. as you just said, tracy, less than a month away from hitting the debt ceiling. while several ideas have been floated to address it our next guest says it is time to skip the gimmicks to reach a long-term solution. wouldn't that be nice. tracy: imagine. ashley: maya mcginn necessary, committee for responsible budget and head of the campaign to fix the debt. maya, democrats came out with a new plan to eliminate the federal debt ceiling. tim geithner thinks we should eliminate it. ben bernanke thinks we should eliminate it. moody's a while ago why are we using a debt ceiling because we're one of the few countries left in the world that does. we have a debt ceiling but look at the debt problem we're in. what good is it? >> well, i think as it stands right now the debt ceiling is one of the only reminders that's there to push action. if we take a step back, think about how we should actually deal with this, which is there is a huge fiscal problem. we all know that. congress, instead of fighting over the debt ceiling and fingerpointing on the general issues, should be worki
bob goodlatte later on. next we will switch topics and take a look at the debt ceiling debates coming up as well as tax reform with the top democrat on the house ways and means committee, sander levin. we will take a break and we will be right back. >> ♪ ♪ [video clip] >> the greatest honor history can bestow is the title of peacemaker. this honor now beckons america a chance to help lead the world at last out of the valley of turmoil and onto the high ground of peace that man has dreamed of since the dawn of civilization. [video clip] >> we must embark on a new program, the benefits of our thentific event advances, for improvement and growth in underdeveloped areas. >> this weekend, exploring the history and traditions of presidential inaugurations. live saturday morning at 11:00 eastern, part of three days of american history tv, right through inauguration day, on c- span3. [video clip] >> he had been talking about this dream that he and had. he talked about it for years, the american dream, then it becomes his dream. he had been in detroit just a few months before and he had ta
be planning an ipo. stocks ended day mixes an investors remain concerned about debt ceiling discussions. your bloomberg silicon valley closed lower, apple, and hewlett-packard some drag there's. >> and the last time bloomberg west visited with ross levinson he took us for a spin in los angeles there he is in los angeles.p%ypy now, he's just been hired as ceo of gugen him digital media a spinnoff from gugen him partners. he will oversee hollywood reporter and work with dick clark productions. i'm emily chang, larry, carolyn, back to you. >> thank you. this cold snap is having a big impact on the homeless. but one group is offering much-needed help. we have more in san jose. >> thank you so much. >> 100 homeless people who have been suffering have found salation. >> it's been a cold winter this year. and this is terrific. >> sacred hard dubbed them survival facts. under wear and stocks -- socks >> things are hard. they helped us a lot. food, clothes. lots of things. >> this happened twice per month on the first and 15th once someone receives one their not eligible for three months fwhu is just
to do about the debt ceiling right in the middle of all of those negotiations, a good friend from chicago making her first visit in studio we are pleased to welcome congress woman january schakowsky. >> great to look in your face. >> not that bad? >> no. it's very good. >> we are joined by evan mcmorris-santoro who is here as a friend of bill from talking points memo. if you see him lurking around the halls of congress trying to stir up trouble. even before the set of relations today, the nra struck a blow last night. i think a pretty low blow where their recommendation, of course, is that the answer to the newtown tragedy was to give every teacher in america a gun, to arm every teacher in america. >> that's right. >> the president said he wasn't too impressed by that solution. the nra struck back yesterday, calling the president in this ad an elitist hypocrite because he has secret service protection for his daughters and not every american parent does. here is what that ad sounds like: are the president's kids more imports than yours? why is he ske
another fight about the debt ceiling this year, if this isn't exciting because it just feels like groundhog day to you, oh my god, i've got reckless brinksmanship fatigue, it is true that it's hard to get excited over something we have done before. it is 2013 now. remember when it happened it was a total disaster. even if you just ignore the political consequences, if you just look at the economic impact, it was a self-imposed economic disaster caused by washington refusing to do something that it needs to do and that it has done dozens of times before. republicans just refused to do it. it was such a disaster, you would think that there would not be a reason to explain that this shouldn't happen again. but it's happening again in what looks like an exact repeat of 2011. except for one thing. there is one thing that is different so far this time around, and time will tell will this proves to be a harbinger of something bigger, or whether this is just a single outlying happy fact. but this year there is one republican member of congress who has broken ranks on the big stupid debt c
looking back at the president's four years. >> read the local paper. >> wedge it in before the debt ceiling. >> washington's big event. read the local paper. tomorrow on the show, freshman congressman patrick murphy and general stanley mcchrystal will be here. next, chris jansing. what's next? he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medical conditions
who said it's time to get rid of the debt ceiling. new york congressman jerry nadler is in the guest spot as we roll on for wednesday, january 16th. look what mommy is having. mommy's having a french fry. yes she is, yes she is. [ bop ] [ male announcer ] could've had a v8. 100% vegetable juice, with three of your daily vegetable servings in every little bottle. i'm up next, but now i'm singing the heartburn blues. hold on, prilosec isn't for fast relief. cue up alka-seltzer. it stops heartburn fast. ♪ oh what a relief it is! is a fantastic experience. 30 shrimp for $11.99. i can't imagine anything better. you're getting a ton of shrimp, and it tastes really good! [ male announcer ] hurry in to red lobster's 30 shrimp for just $11.99! choose any two of five savory shrimp selections, like mango jalapeÑo shrimp and parmesan crunch shrimp. two delicious shrimp selections on one plate! all with salad and unlimited cheddar bay biscuits. 30 shrimp, just $11.99 for a limited time. wow, that's a lot of shrimp. i'm ryon stewart, i'm the ultimate shrimp lover, and i sea food differently. >>
of approval for chuck hagel as the next secretary of defense. hagel's nomination is another example we think here at "hardball" of obama's newfound fighting spirit, and we like it, of course. from the debt ceiling to the nra to the neocons. taking them on. the president is sticking it to his opponents, and he's winning. >>> and the house of representatives is voting on a relief package for the victims of superstorm sandy. will republicans stand up to help those hit by the storm? or stand in the way? >>> let me finish with a republican party that's beginning to sound and look like a pack of moonshiners. they don't like those revenuers. this is "hardball," the place for politics. with the spark cash card from capital one, sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purchase, every day! woo-hoo!!! so that's ten security gators, right? put them on my spark card! why settle for less? testing hot tar... great businesses deserve great rewards! [ male announcer ] the spark business card from capi
, trace. and a push to completely eliminate the debt ceiling once and for all effectively eliminating any legal checks on federal spending. up next, stu varney, what this could mean and why a whole new class of taxes is also now getting some buzz. and new controversy over reports that federal agents waited to arrest an illegal immigrant and a sex offender who worked for this powerful democratic senator, senator menendez, you saw in that picture there. what, what really went on? why was this done? an early morning rescue puts a whole new meaning on another brick in the wall. as firefighters-- did you watch this on america's news room with bill and martha? firefighters worked hours to free a woman who got stuck in a tight spot, how it happened. ♪ ♪ caught between a rock and a hard place ♪ bayer aspirin was the first thing the emts gave me. now, i'm on a bayer aspirin regimen. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. [ woman ] learn from my story. before you begin an aspirin regimen. music: "make someone happy" music: "make someone happy"
, at least, they say, they won't vote for a higher debt ceiling until democrats accept spending cuts. many see this as risky. one said tuesday he would introduce legislation next week instructing the white house to prioritize the government's bills. what's wrong with the idea? >> guest: two things. first of all, we've had some deficit reduction. the president laid out a couple days ago. we had over $2 # trillion. we had a trillion and a half that came from previous actions, and then we added just a few days ago some further deficit reduction through increased taxes on the very wealthy of this country. we already begun to undertake deficit reduction. to use that as a reason to use the debt ceiling as a weapon is really playing with fire. they say pay some bills and not pay others. we've never tried that before. >> host: is it feasible? >> guest: i don't think so. which bills? social security? veterans? people out fighting for this country? which bills do you pay? we never tried that. i think the president put it so well. this is not a debt beat nation, really, and i think common sense is li
of that is the financial crisis of 2008. so why strike a deal on the debt ceiling when you can just eliminate it? they push from democrats in washington. dennis: a man charged with stealing $400,000 in copy toner. lori and tracy are up next. what's next? he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medical conditions and medications. do not use if you have prostate or breast cancer. serious side effects could include increased risk of prostate cancer; worsening prostate symptoms; decreased sperm count; ankle, feet, or body swelling; enlarged or painful breasts; problems breathing
questions? >> -- part of the fiscal facts of the debt ceiling kind of sequestration, continuing resolution. cannot be part of the many crises at the big crises her face than the next next couple weeks? >> my own judgment is ready to face up to sequestration. we need to find a balanced rated do it and then go on to tax reform in town that reform. >> brian. >> in your view, did the president make an error strategically for a nickel merits by taking any worker in the debt ceiling off the table yesterday, saying whether this the coin of the 14th amendment, there's no way the treasury can effectively prevent the consequences of breaching the debt ceiling if it's not reached? >> now. >> it was the right call? >> i think so because it gets back to the first question for mr. kline about where we are. and to my comments about the change in the republican right, i really think the president had no choice but to essentially say to the republican party, you should not gobble with that ceiling, that is something that would have such serious can't quinces. and i don't want to essentially see if i can fi
in half in wake of the london wales trading losses. and speaking out on the debt ceiling showdown. as we head to break, look at the early movers here on wall street. are you flo? yes. is this the thing you gave my husband? well, yeah, yes. the "name your price" tool. you tell us the price you want to pay, and we give you a range of options to choose from. careful, though -- that kind of power can go to your head. that explains a lot. yo, buddy! i got this. gimme one, gimme one, gimme one! the power of the "name your price" tool. only from progressive. ♪ you know my heart burns for you... ♪ i'm up next, but now i'm singing the heartburn blues. hold on, prilosec isn't for fast relief. cue up alka-seltzer. it stops heartburn fast. ♪ oh what a relief s! >>> the board of jpmorgan cutting jamie dimon's pay by 50% in light of a multibillion dollar loss last year. down from $23 million from the year before. that brings us to this morning's squawk on the tweet. how might jamie dimon tighten his belt. tweet us at squawk street. there's a lot of -- i don't want to say hatred, but ill
for a retreat tomorrow to discuss - guest: they should retreat from the idea of using the debt ceiling. host: you referenced "the wall street journal" this morning. many republicans see a debt limit showdown as risky. pat toomey said tuesday he would introduce legislation next reconstructing the white house to prioritize the government's bills. what's wrong with that idea? guest: we have had some deficit reduction. as the president laid out a couple days ago, we have had over $2 trillion. we had 1.5 trillion that came from previous actions. and then we added just a few days ago some further deficit reductions through some increased taxes on the very wealthy of this country. so we have already begun to undertake deficit reduction. to use that as a reason to use the debt ceiling as a weapon is really playing with fire. they say pay some bills and not pay others. we have never tried that before. host: is it feasible? guest: i don't think so. which bills? social security? veterans? people out fighting for this country? which bills do you pay? we never tried that. i think the president put it so
. and entitlement issues. icy it the opposite way. let's get this done, the sequestration part and debt ceiling in the next six weeks and then move on.
Search Results 0 to 34 of about 35 (some duplicates have been removed)